Buy Bitrock (BROCK)
What is Bitrock?
Bitrock is an Ethereum IBFT 2.0 Proof of Authority (PoA) side chain, designed to offer near-zero native gas fees and lightning-speed block times. The platform emphasizes creating a cost-effective, scalable, and high-speed infrastructure suitable for cryptocurrency transactions and smart contract deployments. It supports a multichain DEX swap enabling direct trading of cryptocurrencies on their native chains without gas fees .
How does Bitrock work?
Bitrock operates as an Ethereum side chain using the IBFT 2.0 Proof of Authority (PoA) consensus mechanism. This involves a network of pre-approved validators, ensuring fast and secure transactions. The platform is compatible with Ethereum Virtual Machine (EVM) applications, allowing developers to deploy smart contracts using commonly used tools like Remix. Bitrock uses the IBFT 2.0 algorithm for consensus, designed to offer high throughput and low latency, which is ideal for fast transaction processing .
What are the potential use cases for Bitrock?
Bitrock provides numerous potential applications:
- Decentralised Finance (DeFi): Its multichain DEX allows for gas-free cryptocurrency trading directly on their native chains.
- Blockchain Gaming: With EVM compatibility, game developers can deploy applications requiring fast and low-cost transactions.
- Cross-Chain Transactions: Facilities like the chain bridge enable seamless token conversions, enhancing usability.
- Smart Contracts: EVM support facilitates the deployment of various decentralized applications.
- DeFi Tools and Integrations: Collaborations with platforms like DexTools and DexView offer users robust tools and analytics .
What is the history of Bitrock?
Bitrock's development was self-funded by its team, launching stealthily in July 2023 without presales or VC backing. It introduced a Testnet, moving to Mainnet shortly thereafter. Key milestones include the development of a mainnet bridge in collaboration with Sphynx Labs, allowing for project launches on the Bitrock chain. The platform also plans the release of a multichain DEX swap and ongoing improvements in market presence and capabilities .
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Frequently Asked Questions (FAQs)
What is the current price of Bitrock (BROCK)?
The Bitrock price is $0.07530435 AUD, representing a -3.32% from the day prior.
Where is the best place to buy Bitrock (BROCK) in Australia?
The best place to buy Bitrock (BROCK) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Bitrock (BROCK) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Bitrock (BROCK)?
The trading volume of Bitrock (BROCK) is $454.3K AUD in the last 24hrs, representing a -3.32% from the day prior.
How can I buy Bitrock (BROCK)?
Bitrock (BROCK) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Bitrock (BROCK)?
The current market cap of Bitrock (BROCK) is $7.3M AUD.
Can I convert Bitrock (BROCK) to cash?
Yes - With Coinstash you can convert your Bitrock (BROCK) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Bitrock (BROCK) are there?
The current circulating supply of Bitrock (BROCK) is 100.0M.
Is Coinstash a safe place to buy Bitrock (BROCK) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Bitrock (BROCK) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.